Kraken Energy Identifies Multiple Additional Priority Drill Targets at Garfield Hills Uranium Property, Nevada

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Vancouver, British Columbia–(Newsfile Corp. – January 30, 2023) – Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the “Company” or “Kraken Energy“) is pleased to report that a high-resolution Unmanned Aerial Vehicle (“UAV”) supported magnetic and radiometric survey conducted at the past-producing Garfield Hills Uranium Property (“Garfield Hills” or “the Property“) and surrounding land package in west-central Nevada, USA, has successfully identified multiple additional priority drilling targets.

The UAV surveys use leading-edge technology to produce high-resolution data critical for identifying radiometric anomalies and geophysical signatures used in targeting new zones of uranium mineralization.

Highlights:

• Five new drilling targets have been identified, which show significant correlations between strongly anomalous radioactivity as equivalent uranium (eU) parts per…